Although new to much of the globe, the water and wastewater privatizations of the last 10 years built on a centuries-old tradition of private ownership and management in several western countries.
To refute my article describing the benefits of privatizing water and sewage utilities, Toronto union leader Brian Cochrane cited devastating criticisms from unlikely sources(Letters, March 9). Mr. Cochrane told your readers that former U.K. Prime Minister Margaret Thatcher called water privatization her "one mistake," and that an editorial in the Financial Times of London called the privatization "a rip-off, a steal, a plunder, a legalised mugging, piracy, licensed theft, a diabolical liberty, a huge scam, a cheat, a snatch, and a swindle."
This paper, published in Journal des Economistes et des Etudes Humaines, was prepared for Property Rights, Economics & Environment: Water Resources, an international conference organised by the Centre d’Analyse Economique and the International Center for Research on Environmental Issues in 1998. In the paper, Elizabeth Brubaker compares four approaches to the privatization and regulation of water and sewage utilities and explores the environmental implications of each approach.